Corporate profits

Bringing foreign company profits back to the U.S. isn’t necessarily a job boost

US companies would rather keep offshore profits offshore than face 35%… [+] in corporate income taxes. Should they bring him back? Republicans want another tax holiday. The White House is okay with that, as long as it’s part of long-term corporate tax reform. Letting U.S.-domiciled multinationals take profits overseas at less than the current top […]